December 31, 2007
Moody's has downgraded GMAC Mexicana SOFOL's local long- term debt rating to A3 from A1, and GMAC Financiera SOFOL's to A3 from A1, it said. The action followed the agency's downgrade of General Motors Acceptance Corporation 's long-term debt rating to Ba3 from Ba2. The rating outlook on GMAC rating is negative.